Justine Marshalsea, who works at Vouchercloud in Bristol, said the
Chancellor’s statement will do little to help her get a foot on the property
ladder.

Miss Marshalsea her boyfriend are looking to have saved between £20,000 and
£25,000 by next summer, but it won’t be easy.

While there was no mention of a repeat of the stamp duty holiday which ended
earlier this year, Mr Osborne’s statement promised a continuation of the
Funding for Lending scheme, which involves the government lending money to
financial institutions to enable them to accept more mortgage applications
from first-time buyers.

However, Miss Marshalsea, 23, still doesn’t think this will be enough: “As a
first-time buyer, I think the deposits mortgage providers require are
absolutely extortionate.”